Required Disclosures

At Sell That House to Me, transparency and compliance with Texas real estate laws are our top priorities. If you are considering working with us on a wholesale real estate transaction, it is important to understand the legal disclosures that govern our business practices. Below, we outline all the required disclosures and legal considerations that ensure a fair and legally compliant process.

1. We Are Selling Contract Rights, Not Real Estate

We are not selling real estate—we are selling our contractual rights to purchase a property. Our role as a real estate wholesaler is to secure properties under contract and then assign those contracts to end buyers (typically investors).

What This Means for You:

  • If you are an investor or end buyer, you are purchasing the right to take over our contract with the seller—not the property itself.
  • If you are a property owner, you are entering into a legally binding contract with us, and we may assign that contract to another party.

2. We Are Not Licensed Real Estate Agents or Brokers

Sell That House to Me is not a real estate brokerage and does not represent buyers or sellers in the capacity of a real estate agent. We are principals in our transactions and only deal with properties that we have under contract.

Legal Compliance:

  • We do not provide real estate representation, advice, or listing services.
  • We do not market properties for sale—we only market our contract rights for assignment.
  • We are fully compliant with Texas real estate laws, including the Texas Real Estate Commission (TREC) guidelines.

3. Marketing and Advertising Disclosures

To comply with Texas law, all marketing materials—including emails, websites, and social media posts—must accurately represent our role in the transaction.

Marketing Best Practices We Follow:

✔ We never advertise properties for sale—we only advertise the contractual rights we hold.
✔ All marketing materials include a disclaimer such as:

“This is a contract assignment opportunity. We are not selling the property but rather assigning our contractual rights to purchase the property.”
✔ We do not use MLS or Zillow-style listings since we are not licensed agents.

4. Permission to Use Property Images and Videos

Because we do not own the properties we wholesale, we must obtain written permission from the property owner before using images, videos, or descriptions of the property in marketing materials.

How We Ensure Compliance:

  • We include a Marketing Permission Clause in our purchase agreements, which states:

     

    “Seller grants Buyer permission to use images, videos, and descriptions of the property for the purpose of marketing an assignment of this contract.”

  • If the seller does not grant permission, we do not display photos or videos of the property publicly.
  • We only share property details privately with our verified investor buyers’ list.

5. Required Contract Disclosures for Sellers

All sellers working with Sell That House to Me will receive a Seller Acknowledgment & Assignment Disclosure, which ensures transparency regarding our intent to assign the contract to another buyer.

Key Seller Disclosures:

✔ The seller acknowledges that we may assign the contract to a third party.
✔ The seller understands that we are not the end buyer but rather a contract holder.
✔ The seller agrees that they do not need to approve the assignment, but they will be notified when it occurs.

6. Required Disclosures for End Buyers (Investors)

Before purchasing an assignment contract from us, the end buyer (investor) must sign an Assignment of Contract Disclosure, which ensures they understand the terms of the transaction.

Key Buyer Disclosures:

✔ The buyer understands that they are purchasing a contract, not the property itself.
✔ The buyer acknowledges that due diligence is their responsibility.
✔ The buyer agrees to pay a non-refundable assignment fee at closing.

7. Contingencies & Contractual Protections

At Sell That House to Me, we structure our contracts to include contingencies that protect all parties involved in case an unforeseen issue arises. These contingencies ensure a smooth transaction while giving us flexibility in case we cannot assign the contract or the property does not meet our investment criteria.

Standard Contingency Clauses We Use:

✔ Partner Approval Clause:

“This agreement is subject to the final approval of the Buyer’s partners and/or investment group. If such approval is not obtained within [X] business days, Buyer reserves the right to terminate this contract, and the Earnest Money Deposit shall be returned in full to the Buyer.”

✔ Inspection Period Clause:

“Buyer shall have an inspection period of [X] business days from the Effective Date to inspect the property. If Buyer, in their sole discretion, determines that the property is not suitable for any reason, Buyer may terminate this contract by providing written notice to Seller before the expiration of the inspection period. Upon termination, Buyer shall be refunded the Earnest Money Deposit in full.”

✔ Assignment Contingency Clause:

“This agreement is contingent upon Buyer successfully assigning this contract to a third party. If Buyer is unable to secure an assignee within [X] days, Buyer may terminate this contract by providing written notice to Seller, and the Earnest Money Deposit shall be refunded in full.”

✔ Earnest Money Refund Clause:

“If this agreement is terminated under any of the above contingencies, the Buyer shall receive a full refund of the Earnest Money Deposit within [X] days of termination.”

These standard wholesaling contingencies protect our interests while ensuring fairness and compliance in every transaction.

8. Use of Electronic Signatures

We use legally binding electronic signatures through secure platforms such as:
✔ DocuSign
✔ Adobe Sign
✔ HelloSign

Under Texas law (Uniform Electronic Transactions Act & ESIGN Act), electronic contracts and signatures are legally enforceable.